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H.R. 4541 100th Congress House

Family Educational Opportunity Act of 1988

Official title: A bill to amend title IV of the Higher Education Act of 1965 to remove certain assets from the computation of expected family contribution in the determination of need for assistance under such title.

Introduced: May 5, 1988 See on congress.gov
Education Agriculture and Rural AffairsBusiness and commerceFamily enterprisesFamily farms
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FarmsFederal aid to higher educationFederally-guaranteed loansHome ownershipHousing and Housing FinanceHousing financeScholarshipsSmall businessStudent aidStudent loan funds
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This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 25, 1988
Referred to Subcommittee on Postsecondary Education.
May 5, 1988
Referred to House Committee on Education and Labor.
May 5, 1988
Introduced in House
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 Latest action May 25, 1988

Referred to Subcommittee on Postsecondary Education.

 Plain-English summary Congressional Research Service

Family Educational Opportunity Act of 1988 - Amends the Higher Education Act of 1965 to remove from the computation of expected family contribution in the determination of need for assistance under the title IV (Student Assistance) Pell Grant program and other title IV student assistance programs the following assets: (1) the family's principal place of residence; (2) a family farm on which the family resides; or (3) a small business substantially owned and managed by a member or members of the family.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 4541: Family Educational Opportunity Act of 1988. 100th Congress. Open America. https://openamerica.io/bill/100-HR-4541/
MLA
"H.R. 4541: Family Educational Opportunity Act of 1988." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-4541/.
Bluebook (legal)
H.R. 4541, 100th Cong. (2026), https://openamerica.io/bill/100-HR-4541/.
Markdown link
[H.R. 4541: Family Educational Opportunity Act of 1988](https://openamerica.io/bill/100-HR-4541/)
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